Mtn Group Limited Stock Technical Analysis

MTNOF Stock  USD 4.48  0.00  0.00%   
As of the 6th of January, MTN Group secures the risk adjusted performance of (0.08), and Mean Deviation of 1.01. In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of MTN Group Limited, as well as the relationship between them. Please verify MTN Group Limited risk adjusted performance, standard deviation, as well as the relationship between the Standard Deviation and maximum drawdown to decide if MTN Group Limited is priced more or less accurately, providing market reflects its recent price of 4.48 per share. Given that MTN Group Limited has variance of 7.77, we recommend you to check MTN Group's last-minute market performance to make sure the company can sustain itself at some point in the future.

MTN Group Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as MTN, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MTN
  
MTN Group's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
MTN Group technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
A focus of MTN Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of MTN Group trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

MTN Group Limited Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of MTN Group Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.

MTN Group Limited Trend Analysis

Use this graph to draw trend lines for MTN Group Limited. You can use it to identify possible trend reversals for MTN Group as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual MTN Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

MTN Group Best Fit Change Line

The following chart estimates an ordinary least squares regression model for MTN Group Limited applied against its price change over selected period. The best fit line has a slop of   0.02  , which may suggest that MTN Group Limited market price will keep on failing further. It has 122 observation points and a regression sum of squares at 17.73, which is the sum of squared deviations for the predicted MTN Group price change compared to its average price change.

About MTN Group Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of MTN Group Limited on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of MTN Group Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on MTN Group Limited price pattern first instead of the macroeconomic environment surrounding MTN Group Limited. By analyzing MTN Group's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of MTN Group's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to MTN Group specific price patterns or momentum indicators. Please read more on our technical analysis page.

MTN Group January 6, 2025 Technical Indicators

Most technical analysis of MTN help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for MTN from various momentum indicators to cycle indicators. When you analyze MTN charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Complementary Tools for MTN Pink Sheet analysis

When running MTN Group's price analysis, check to measure MTN Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MTN Group is operating at the current time. Most of MTN Group's value examination focuses on studying past and present price action to predict the probability of MTN Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MTN Group's price. Additionally, you may evaluate how the addition of MTN Group to your portfolios can decrease your overall portfolio volatility.
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